SEC Form 4 · accession 0000944695-18-000022
HANOVER INSURANCE GROUP, INC. · THG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Warren E. Barnes
Officer — SVP & Princpl. Accntg. Officer
Period of report
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 3:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2018 | M | 800 | $70.24 | A | 5,620 | D | |
| Common Stock | Feb 27, 2018 | S | 800 | $110.40 | D | 4,820 | D | |
| Common Stock | Feb 27, 2018 | F | 338 | $110.57 | D | 4,482 | D | |
| Common Stock | Feb 27, 2018 | A | 850 | $0.00 | A | 5,332 | D | |
| Common Stock | Feb 28, 2018 | S | 747 | $110.82 | D | 4,585 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F5 | $70.24 | Feb 27, 2018 | M | 800 | D | — | Feb 27, 2025 | Common Stock | 800 | 0 | D |
| Common Stock Option (right to buy)F6 | $110.57 | Feb 27, 2018 | A | 1,935 | A | — | Feb 27, 2028 | Common Stock | 1,935 | 1,935 | D |
Explanation of responses
- F1Exercise of options and subsequent sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan.
- F2Represents shares that were forfeited to pay withholding taxes upon the vesting of restricted stock units that were previously granted by the Issuer.
- F3Grant of restricted stock units under the Issuer's 2014 Long-Term Incentive Plan. Such units vest on the third anniversary of the date of grant.
- F4Sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan.
- F5The option, representing the right to purchase a total of 2,400 shares, vested 1/3 on each of 2/27/16, 2/27/17 and 2/27/18.
- F6Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.